Market Trend : Truck-mounted Aerial Work Platform (AWP) Market Globally Grow at a CAGR of 6.04% by Revenue During the Period 2017-2021

ResearchMoz presents professional and in-depth study of "Global Truck-mounted Aerial Work Platform (AWP) Market 2017-2021".

An aerial work platform (AWP) is also commonly known as a man lift or lift. AWP refers to any machine that is used by people or equipment as access in hard-to-reach areas, which are too high to reach safely using other methods. There are several kinds of AWP like cherry pickers, scissor lifts, articulating lifts, and boom lifts.

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A truck-mounted or vehicle-mounted aerial work platform is a type of AWP, which is mounted on a vehicle for easy transport. These AWPs are generally referred to as cherry-pickers, or mobile elevating work platforms (MEWPs). This configuration offers added support and stability on the work platform. These machines are equipped with outriggers to provide more stability during operations. They are used mostly in the utility industry.

Technavios analysts forecast the global truck mounted aerial work platform (AWP)market to grow at a CAGR of 6.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global truck mounted aerial work platform (AWP) market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price for the product.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Truck Mounted Aerial Work Platform (AWP) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

CTE

MORITA HOLDINGS CORPORATION

Versa Lift

PALFINGER

Terex

Other prominent vendors

Aichi

Altec Industries

Cela

CMC

Elliott Equipment Company

FRANCE ELVATEUR

GSR

HIDROKON

ISOLI

KLUBB

Manitex International

Manotti

MOOG

Multitel Pagliero

Niftylift

RUTHMANN

SOCAGE

Market driver

Growing popularity of rentals

For a full, detailed list, view our report

Market challenge

Challenges in adopting new safety standards

For a full, detailed list, view our report

Market trend

Demand for compact truck-mounted AWPs

For a full, detailed list, view our report

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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